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Oct 4, 2012
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but on style, it's clear that romney won this debate. he seemed to be more aggressive, just what he needed to do. and i think obama actually did well on substance but i think he was actually employing something sort of a defense. he wasn't trying to gain. he was just trying to not harm himself. i don't know if that is a good thing or bad thing. romney needed to do something. he did what he needed to do. i don't know if that is enough to win the election. >> there is a lot of debate online about why the president never invoked the 47% video. some speculate maybe he is trying to keep aces in his pocket. did that surprise you? >> well, what surprised me is there is very little talk about the kind of things he seemed to obsess about. the briefous gaffes, videotape. i thought it was a forward looking day for romney who took a lot of time outlining the plan. you have been talking about this. what is really going on with the president tonight? he seemed a little lethargic and slow. i think the word is malaise. this is a president who seems stuc
but on style, it's clear that romney won this debate. he seemed to be more aggressive, just what he needed to do. and i think obama actually did well on substance but i think he was actually employing something sort of a defense. he wasn't trying to gain. he was just trying to not harm himself. i don't know if that is a good thing or bad thing. romney needed to do something. he did what he needed to do. i don't know if that is enough to win the election. >> there is a lot of debate online...
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Oct 4, 2012
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the next debate, we will see how governor romney does. but let's be honest, there is no one in the united states that can credibly believe unless they are partisan republican that governor romney's mathematics on his budget work. they do not. there is no one that believes that his criticism of president obama's health care policy worked because they are laughable on it face. you can sit there and talk about his policies, but the reality is the same policies that created the mess the president inherited. >> this is typical democratic spin. democrats have no options but to spin off the last -- 48% of the country agree with mitt romney. president obama is not a popular president. he has not done a good job. hold on, now let me finish, chris. >> is he ahead of can governor romney? >> now let me finish. if you look at the dynamic between the two candidates, there is a reason that president obama couldn't even talk about his own record. what achievements did you hear about a in last night's debate? there were no such achievements. >> i understa
the next debate, we will see how governor romney does. but let's be honest, there is no one in the united states that can credibly believe unless they are partisan republican that governor romney's mathematics on his budget work. they do not. there is no one that believes that his criticism of president obama's health care policy worked because they are laughable on it face. you can sit there and talk about his policies, but the reality is the same policies that created the mess the president...
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Oct 3, 2012
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romney rose to the occasion in the debates. he was challenged from the right continually in the primaries during the nomination process, and every time he had to win a critical debate, he did. he won the nom noination in the last debate in arizona. if that debate had gone against him, he may well not be the nominee today. he's an experienced debater. he is a very capable person. he's a smart person. he's going to be extremely well prepared. preparation is his mantra. i expect mitt romney to do well tonight. >> gretchen, ultimately who do you think will be controlling this debate and setting the other candidate on the run? >> well, i think president obama does have an advantage here that he's been talking about the same policies and using the same talking points for the past four years. so he has that advantage. his convention speech was a lot like a state of the union speech that we've heard over and over and over again. so romney i think will have to rise to the challenge tonight. he'll be on the stage with the president. he k
romney rose to the occasion in the debates. he was challenged from the right continually in the primaries during the nomination process, and every time he had to win a critical debate, he did. he won the nom noination in the last debate in arizona. if that debate had gone against him, he may well not be the nominee today. he's an experienced debater. he is a very capable person. he's a smart person. he's going to be extremely well prepared. preparation is his mantra. i expect mitt romney to do...
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Oct 4, 2012
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sectors moving on the back of what mitt romney said in last night's debate. we spoke about coal stocks. utilities -- wells fargo writing utilities should do well under the romney administration because of that. we're seeing some of these utility stocks moving higher. con edison up better than 1%. >>> out in latest check on the pulse of the economy. nation's biggest retailers out with latest sales figures. looks like americans are taking a little bit of a pause after wrapping up back-to-school shopping. target says september same-stores rising 2.1%. a little bit shy of analyst estimates. target says it will stop reporting monthly same-store sales next fiscal year. that will follow in a practice established by rival walmart. macy's sales up but the department store also fell short of some forecasts. gap, however, did beat estimates. sales there up 6% in september. the stock at a new 52-week high today at $36.93. costco also seeing sales up 6%. that topped estimates. there's limited brands shares for good measure. sue? >>> time for a tech check, ty. we're keepin
sectors moving on the back of what mitt romney said in last night's debate. we spoke about coal stocks. utilities -- wells fargo writing utilities should do well under the romney administration because of that. we're seeing some of these utility stocks moving higher. con edison up better than 1%. >>> out in latest check on the pulse of the economy. nation's biggest retailers out with latest sales figures. looks like americans are taking a little bit of a pause after wrapping up...
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Oct 3, 2012
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romney and i think it's a very winnable debate for him tonight. the mainstream media has painted him as inept and gaffe-prone, and that is simply not the case. i think the expectations are so low for romney tonight that when he can't be edited or taken out of context, i think it's a very winnable debate. >> if you go back in every election, the republicans are always painted -- but by definition, they are kind of stupid and gaffe-prone. they're republicans. why can't you figure that out? look at the views according to mainstream media. look at the views that they hold. by definition, they are stupid. >> i think if romney -- >> we painted john kerry as stupid. we painted al gore as goofy. >> al gore was honing his skills at harvard. george bush was cheerleading at yale and he had a higher gpa. barack obama just admitted, i was a crappy student. but we'll never know. by definition. and look at you. look how smart you are compared to me. "new york times," too big to fail, all that stuff. anyway, mike -- >> what i think romney needs to do -- >> we've
romney and i think it's a very winnable debate for him tonight. the mainstream media has painted him as inept and gaffe-prone, and that is simply not the case. i think the expectations are so low for romney tonight that when he can't be edited or taken out of context, i think it's a very winnable debate. >> if you go back in every election, the republicans are always painted -- but by definition, they are kind of stupid and gaffe-prone. they're republicans. why can't you figure that out?...
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Oct 9, 2012
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romney did very well in the tv debate last week. i would just like to see romney be a bit less ashamed of who he is. it's as if he wants to hide from people the fact that he's made lots of money and been successful. i would have thought he should come out all guns blazing, i've been a success in the commercial world, i'm the man that can make the tough decisions that america needs and be more upbeat about himself. >> there are shareholders of bain capital, you're going to benefit from my expertise and knowing how to -- >> why not do that? why not say that? >> absolutely. >> there's something else here, the private equity world is inhabited by limited partners in the state funds. they're the biggest investors for good reason, the returns there are better than what they're getting. >> so pensioners are benefiting, lots of average americans. >> the fact of the matter is, if i give you money and you're going to make me 5%, you're going to charge me 50 basis points, i give you money and you're going to make me 20% and you take 2% which b
romney did very well in the tv debate last week. i would just like to see romney be a bit less ashamed of who he is. it's as if he wants to hide from people the fact that he's made lots of money and been successful. i would have thought he should come out all guns blazing, i've been a success in the commercial world, i'm the man that can make the tough decisions that america needs and be more upbeat about himself. >> there are shareholders of bain capital, you're going to benefit from my...
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Oct 5, 2012
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i think of romney doing well in debate. right. talk about regime change in iran potentially because of the protests. >> that's the big one. >> that's the big one. elections in venezuela this weekend which may be -- >> that could be next week's -- >> next week's big one. three situation wrgs you could see a lot more supply coming on the market no, >> on the crude side we're amply supplied and we're there right now and probably gets bigger next year. there's a lot more coming out of iraq. so, we've had a big insecurity premium in the price of oil for most of this contemporary. $15 to $20. that gets eroded over the next three to four months. >> crude at 89 bucks in november. >> we test into the 80s, low 80s and 70s before it's over. >> how long will that take? >> within the next three to six months. >> wow. >> the problem is, and i don't disagree necessarily, again i don't think it means gasoline prices will go lower as we just discussed. the trade has been, pete's talked about it, we mentioned it a few times, refiners work, vol vola
i think of romney doing well in debate. right. talk about regime change in iran potentially because of the protests. >> that's the big one. >> that's the big one. elections in venezuela this weekend which may be -- >> that could be next week's -- >> next week's big one. three situation wrgs you could see a lot more supply coming on the market no, >> on the crude side we're amply supplied and we're there right now and probably gets bigger next year. there's a lot...
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Oct 8, 2012
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>> romney has some momentum from the debate. i think the debate is a more powerful political force in the race than the unemployment numbers that came out. we were all talking about those on friday. but you had more than north of 60 million people watching these two guys on wednesday night and you see some momentum, democrats say the gap has narrowed in some states where obama had a lead. he's getting closer in most of the swing states. up two in rasmussen, down three in gallup. and the question is does this week continue that momentum. the vice president debate in the past has been critical for either accelerating or breaking the momentum one way or the other for the party in power. and we saw dick cheney came through twice for president bush, once in 2000 against joe lieberman when they were continuing the progress bush that in the first debate, second time was in breaking the momentum that john kerry had in 2004. and cheney bested john edwards in 2004, that helped him. so we have to see whether paul ryan, who is very smart po
>> romney has some momentum from the debate. i think the debate is a more powerful political force in the race than the unemployment numbers that came out. we were all talking about those on friday. but you had more than north of 60 million people watching these two guys on wednesday night and you see some momentum, democrats say the gap has narrowed in some states where obama had a lead. he's getting closer in most of the swing states. up two in rasmussen, down three in gallup. and the...
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Oct 1, 2012
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president obama continues to maintain his lead over mitt romney with two days before their first debate and 35 days before the election. new poll shows 49% of likely voters favoring the president versus 47% for romney. amongst all registered voter, obama holds a 5 point lead. but 52% of likely voters across key swing states favor the president. you'll be able to get full coverage of wedding who's presidential debate right here on cnbc, it starts at 8:00 p.m. eastern. a july says the rules set to go into effect october 12th won't properly justified by the cftc, the rules would cap the size of positions trading firms can take in certain commodity contracts and expand restrictions to swaps trade. meanwhile nokia has another big customer. the "wall street journal" says the company is going to unveil a deal with oracle take. the company's oracle world conference in san francisco. nokia's recently signed deals as well with groupon and amazon which dropped google maps. shares up marginally this morning julia got to a chance to sit down with sheryl sandberg. so tune in for that interview. share
president obama continues to maintain his lead over mitt romney with two days before their first debate and 35 days before the election. new poll shows 49% of likely voters favoring the president versus 47% for romney. amongst all registered voter, obama holds a 5 point lead. but 52% of likely voters across key swing states favor the president. you'll be able to get full coverage of wedding who's presidential debate right here on cnbc, it starts at 8:00 p.m. eastern. a july says the rules set...
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Oct 4, 2012
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romney and obama facing off last night in their first presidential debate. among the topics they sparred over, revenue. take a listen. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he's ruled out revenue. >> absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you'll never get there. >> for reaction from the obama campaign, the co-founder and former ceo of car max, austin leggen joins us from richmond, virginia. austin, good morning to you. >> good morning. how are you? >> good. i'd love to get your take on that specific moment which has been cited by many to be one of romney's most coherent, concise arguments for his view of the role of government. you agree? >> well, it may have been quick and a good sound bite, but it's not very coherent or concise. what he says is growth will give you revenue which will give you growth. i mean, what he's
romney and obama facing off last night in their first presidential debate. among the topics they sparred over, revenue. take a listen. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he's ruled out revenue. >> absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you'll...
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Oct 2, 2012
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first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head nothing good deed goes unpunished, if how you characterize the takeover of bear stearns, the federal government for the $10 a shake jpmorgan got not only bear stearns' assets but liabilities, including, authorities say responsibility four some of the most egregious conduct in the financial crisis you churning out residential mortgages by the thousands, bundling them into what the firm told investors were quality securities, knowing all along many of the mortgages were duds a systemic fraud on thousands of investors, the lawsuit says, deceiving them about the fundamentally defecti
first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head...
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Oct 5, 2012
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next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of the fiscal policy program, as well, and joins us now. have you heard anything -- have you heard enough of of a commitment from either side of the aisle that you thought might actually work? >> well, what we didn't hear was enough specifics. so i think the good news is that that
next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that...